One candidate is getting backing from the oil industry in such a disproportionate way. So the American people should ask themselves: Do you really think that candidate is going to do a thing about high oil prices or the addiction of the nation to oil? Those oil barons aren’t giving McCain money because they like his witty personality…
the mouth-breathers act like the “trillions of barrels!” would only be sold in the US and wouldn’t be on the world market
I’m pretty sure the other candidate doesn’t think prices are too high, only that they spiked too quickly.
Besides, Greens WANT higher gas prices because then market forces will cause less usage.
So anybody that works for an oil and gas company and contributes to McCain is an “oil baron”?
Jay, I guess that anybody owns stock in an oil and gas company and contributes to Obama is an “oil baron” as well.
We should all probably just drop the act that this is about lowering prices.
correct Parth. It is about getting more oil. It is just a secondary benefit that the market will lower prices. In fact, just TALKING about getting more oil lowered prices about 5-10%.
This is an oilman:
http://www.hrc.utexas.edu/multimedia/video/2008/wallace/mccarthy_glenn.html
Duh – In fact the drop was precipitated by Fed Chairman Bernanke’s comments regarding lower demand, and our country making nice with Iran. I’m suspicious that any drilling is much more than a quick fix (if one can call a slight drop in price a ‘fix’), as you’ve probably already guessed. I’d be open to expansion of drilling – maybe not in the continental shelf, but en la tierra – if I thought it was going to do much for more than a few years, if that. But demand is going to outstrip anything we can do about supply, that much appears to be clear.
I know it’s totally Marxist for the members of a democracy to know who was on President Cheney’s Energy Task Force, but could I at least find out how the crazy high oil prices have affected them? One can’t help but wonder.